"This cooperation (between PLN & GREE) shows the commitment of PT PLN Distribution Lampung to acquire electricity from Independent Power Producers to help meet Lampung Province’s electricity needs. We expect to build a successful and long lasting partnership with GREE."
M Irwansyah Putra
General Manager, PT PLN (Persero) Distribution Lampung (2016)
"We're excited to have GREE join our incubation portfolio! Symbior's experience in the development of renewable energy businesses in Southeast Asia and in the bioenergy sector, together with the talent and drive of GREE's team sets the stage for yet another success story."
Hugo DesRosiers
CEO, Symbior Energy
PT Perusahaan Listrik Negara (PLN) Persero is a State-Owned Enterprise holding a mandate from the government to hold business of electricity for public consumption. PLN engages in the transmission and distribution of electricity.
The Agency is a public utility company and a specialised financial institution. It is a part of France’s official public development aid scheme, further to a mission entrusted to it by the French Ministry of Foreign and European Affairs and the French Ministry of the Economy, Finance and Employment.
The Agency started its operations in Indonesia in 2007 with a mandate focusing on the fight against climate change. Through its first years of activity, the Agency extended loans to the Government of Indonesia and to local banks to promote the development of renewable energy and energy efficiency projects and support the Government of Indonesia’s strategy to fight against climate change. In 2011, the Agency and the UK Department for International Development (“DFID”) launched a joint initiative to promote investments in low carbon development in Indonesia. This initiative aims at accelerating relevant projects in the clean energy sector to the investment stage. The partnership with PT GREE Energy Hamparan is part of this AFD/DFID initiative.
The French Facility for Global Environment (Fonds Français pour l’Environnement Mondial or FFEM in French) is a bilateral fund established by the French government in 1994 to bring its undertakings for protection of the global environment in developing countries into practical effect. Working to support French cooperation and development policy for global environment protection, the FFEM provides grants to sustainable development projects in areas relevant to the multilateral agreements on the environment signed by France.
The FFEM’s FISP-Climate grants program aims to promote innovation in the climate change sector among private and developed players in eligible countries, in partnership with local players. It aims to create a leverage effect by means of the effective mobilisation of private players within the sector, but also by contributing additional finance from the companies themselves or from other investors.
UK Aid Direct is a Department for International Development fund managed for the UK government by MannionDaniels. The aim of UK Aid Direct is to support civil society to deliver solutions to achieve sustained poverty reduction and to achieve the Global Goals. UK Aid Direct focuses on reaching the most vulnerable and marginalised populations, in particular girls and women, to ‘leave no one behind’.
UK Aid Direct will work towards these priorities by supporting approaches that will develop and use partnerships to promote greater accountability, demonstrate partnerships with youth as agents and advocates for change, strengthen the ability of existing and new advocacy actors to enable decision makers to be held to account, improve access, supply and quality of basic services show positive behaviour change in targeted groups as a result of the interventions demonstrate increased opportunities for economic empowerment through job creation, income generation and improving market access and strengthen the response to conflict and local-level crisis to improve resilience in fragile and conflict-affected states.
Symbior Energy incubates energy ventures in emerging markets into sophisticated companies. Symbior Energy accelerate the entrepreneurial cycle of development-investment by: identifying opportunities most likely to become deal flow, injecting financial, human and infrastructure resources to achieve rapid and successful growth providing a global high-quality brand to local entrepreneurs.
Cenergi has a passion for promoting sustainable practices and reducing carbon emissions across Southeast Asia. Cenergi believes that conscious use of energy is key to a sustainable future. They envision a world where society functions in harmony with the environment.
Cenergi’s award-winning business is divided into three main areas; ‘Renewable Energy’, ‘Energy Efficiency’ and ‘New Ventures’. Across these areas, they possess the full spectrum of technical, commercial, financing and operational capabilities for clean energy and energy efficiency projects.
